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Lockheed Martin Faces Losses as Defense Stocks Diverge

7/22/2025

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Story summary
  • Lockheed Martin's stock declined due to substantial pretax losses in its quarterly results.
  • RTX surpassed estimates but adjusted its revenue guidance downward while increasing its sales outlook.
  • Northrop Grumman's stock increased following a positive earnings report.
  • General Dynamics is set to report earnings on Wednesday, with L3Harris and Textron following on Thursday.